1.
Companies team for technologies
CHICAGO, Aug. 4 (UPI) -- Chicago prosecutors have indicted a rich Republican insider and two powerful lawyers in an alleged kickback scheme.
The indictment states that wealthy GOP donor Stuart Levine had demanded a $850,000 kickback last year from a Virginia investment firm, JER Inc., declaring "This is how things are done in Illinois," the Chicago Tribune reported Thursday.
Levine is a former trustee of the Illinois Teachers' Retirement System and vice chairman of a state hospital oversight board. About three months ago Levine was charged with misusing his board seat to block hospital projects unless his friends got a cut of the business.
Joseph Cari, a prominent Democratic fundraiser, and attorney Steven Loren, both of whom were charged with assisting in the scheme, are cooperating in the ongoing probe and are expected to plead guilty, U.S. Attorney Patrick Fitzgerald said.
|
|
|
|
|
|
| Additional Business News Stories | |
CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
|
PORTLAND, Ore., May 23 (UPI) --
A $17.9 million U.S. Navy delivery order for maritime imaging systems has been received by FLIR Systems Inc.
|
The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
|
What if Europe turned out to be the new Japan?
|
| Stories | Photos | People | Comments |
View Caption
